Are high quality diamonds a good investment for the future???

Question

Do you think their value will increase over time???...tom science

Answer 1

Yes and no. Diamonds are great because they'll never lose value, but if you're looking to hedge your portfolio - buy gold. Do it now, especially with the economy slowing. When the economy takes a turn for the worse, people put their money in sure things - gold, silver, etc. In short, you won't be making as much money off of diamonds as you will off of currency standards.

Answer 2

High quality are the only ones worth thinking about. However for someone who is not in the trade will not do well investing in diamonds. Retail prices contain a 100% mark up and so you have to keep them a very long time before they appreciate to the value you paid for them - any profit takes even longer. Do not believe all the advertisements that offer diamonds at "wholesale" prices they are rubbish and offer no better value than a reputable retailer. NEVER buy diamonds that are sold as investment stones that are sealed in plastic boxes and only buy stones with a valid certificate from a major testing group (e.g. G.I.A.)

Answer 3

Diamonds aren't really that valuable. The price is artificially inflated because De Beers controls almost the entire market. Gold or Platinum would probably be a much better choice, although both have had a healthy run-up recently.

Answer 4

I agree in regards to the universal. i individually wanted a robust high quality ring because of fact i might desire to pass it on and shop it interior the relatives. My bf gave me a good looking ring. as far as high quality is rather relies upon one what's substantial to you. i wanted a robust length ring and that i wanted it to truly sparkle. So the decrease and coloration have been substantial. My bf rather picked out the hoop and did and incredible activity he got here across me an proper decrease and H coloration diamond. undergo in innovations in case you opt for a much better diamond you will ought to flow down some on the C's because of fact it would be ridiculously high priced. I examine that the fee jumps up plenty because of fact it rather is plenty extra stable to discover a diamond in nature it rather is huge and little flaws. interior the top it rather is rather going to be up to your bf except your going with him to %. it out. purely make beneficial it rather is graded via GIA.

Answer 5

I would not purchase diamonds at this point due to the whole "blood diamond" situation in Sierra Leone.

Answer 6

MY INSURANCE AGENT TOLD ME THAT THE ONLY THING THAT DOESN'T LOSE VALUE AT ALL FOR AN INVESTMENT FOR THE FUTURE ARE GUNS AND RIFLES. I DONT KNOW THOUGH, MAYBE CHECK OUT YOUR LOCAL JEWELER AND ASK THEM WHAT THEY THINK (something like the Shane Co).